APG Asset Management US Inc. acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,463 shares of the scientific and technical instruments company's stock, valued at approximately $878,000.
Other large investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its stake in Keysight Technologies by 8.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company's stock worth $4,448,000 after acquiring an additional 2,260 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Keysight Technologies by 3.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock valued at $8,896,000 after purchasing an additional 1,755 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Keysight Technologies by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock valued at $3,018,000 after buying an additional 3,857 shares during the period. Geode Capital Management LLC lifted its position in Keysight Technologies by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock worth $708,349,000 after buying an additional 17,213 shares during the last quarter. Finally, Portfolio Design Labs LLC boosted its stake in Keysight Technologies by 17.7% during the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company's stock worth $2,498,000 after buying an additional 2,336 shares during the period. 84.58% of the stock is currently owned by institutional investors.
Keysight Technologies Trading Up 0.5 %
NYSE:KEYS traded up $0.72 during midday trading on Tuesday, hitting $137.11. The stock had a trading volume of 198,080 shares, compared to its average volume of 1,151,169. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average of $157.02 and a 200 day moving average of $161.02. The company has a market capitalization of $23.69 billion, a price-to-earnings ratio of 39.17, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and upped their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $184.44.
Get Our Latest Research Report on Keysight Technologies
Insider Activity
In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.61% of the company's stock.
Keysight Technologies Profile
(
Free Report)
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.
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